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Steel Strips Wheels announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

Net profit of Steel Strips Wheels rose 0.31% to Rs 60.85 crore in the quarter ended March 2026 as against Rs 60.66 crore during the previous quarter ended March 2025. Sales rose 19.51% to Rs 1474.63 crore in the quarter ended March 2026 as against Rs 1233.93 crore during the previous quarter ended March 2025.For the full year,net profit declined 2.59% to Rs 190.22 crore in the year ended March 2026 as against Rs 195.28 crore during the previous year ended March 2025. Sales rose 17.02% to Rs 5182.80 crore in the year ended March 2026 as against Rs 4429.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1474.631233.93 20 5182.804429.00 17 OPM %10.1610.87 -9.8410.93 - PBDT120.04105.64 14 390.19370.13 5 PBT83.2978.03 7 254.14258.99 -2 NP60.8560.66 0 190.22195.28 -3 Powered by Capital Market - Live News

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Steel Strip Wheels achieved net turnover of Rs 500.85 crore in the month of April 2026 compared to 424.11 crore in April 2025, recording a growth of 18.09%. Gross turnover stood at Rs 581.82 crore (up 12.10% YoY).

Steel Strips Wheels achieved net turnover of Rs 476.41 crore in month of February 2026 compared to Rs 407.74 crore in February 2025, recording a growth of 16.84%. Key Segment Drivers:- 2 & 3 Wheeler Dominance: The segment recorded an extraordinary 108% growth in volume, effectively doubling its output YoY and driving significant domestic revenue.- Agricultural Strength: The Tractor segment remained a key pillar of growth, posting a robust 35% increase in both volume and value.- Premium Aluminum Shift: The high-margin Aluminum segment grew by 16% in value, as the market continues to transition toward premium wheel solutions.- Commercial Vehicles: Domestic CV sales retained positive with a 10% growth in value. Powered by Capital Market - Live News